Question
Brazil Beans, a wholesale distributor of coffee beans, buys overstocked beans and sells them for a discount of over 50 percent to small and privately
Brazil Beans, a wholesale distributor of coffee beans, buys overstocked beans and sells them for a discount of over 50 percent to small and privately owned coffee shops. Each month Brazil Beans has a variety of beans available for sale and you need to determine which beans to buy to make the most profit possible. You can order as much coffee as you require, and this month’s options include:
BRAND | WEIGHT | COST | SALE PRICE |
Gold Ground - A versatile, complex blend combining great Latin American and Asia Pacific coffees with a touch of Italian Roast. Great in a coffee press, drip brewer or even as espresso. | 14 oz | $8 | $13 |
French Vanilla - Blunt, smoky flavors are the objective in creating this, our darkest roasted coffee. The intense flavor makes it one of our most popular coffees. | 13.5 oz | $7 | $11 |
Special Dark Roast - A full bodied, complex blend. This medium roast features a sweet, nutty taste. | 13 oz | $6 | $9 |
Vanilla Hazelnut - Treat your guests with the delicious aroma and robust flavor our most intense roast and the most pronounced in terms of dark, deep roasted flavor and hazelnut. Lots of character. | 12.5 oz | $5 | $7 |
Organic Special Roast - In the world's best coffee producing regions, there remain a select number of farmers who have grown coffee the same way for generations. They plant and nurture each coffee tree using only environmentally friendly techniques. They harvest each crop by hand. The coffee from these farms is 100% organic and the flavor is pure...the way nature intended it to be. | 10 oz | $5 | $6 |
Brazil Beans has a few constraints when placing orders including:
Each box ordered must contain 20 bags of coffee or less
Each box ordered must contain 3 different types of beans
Each box ordered must contain between 4 and 8 bags of each different bean type
Each box ordered must weigh equal to or less than 150 ounces
PROJECT FOCUS:
Using Excel, determine the optimal mix for a single box which maximizes your profits while adhering to Brazil Bean's constraints.
MUST SHOW FORMULAS USED FOR EXCEL TO GET THE ANSWERS.
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